The interest rates will remain same for entire period of loan. Education Loan Portal. SBI STUDENT LOAN SCHEME. Effective Interest Rate. Upto Rs 7.5 Lacs. 0.50% concession in interest for girl students. Above Rs 7.5 Lacs. 0.50% concession in interest for girl students. 0.50% concession for students availing of SBI Rinn Raksha or any other.
Should Student Loan Debt Be Forgiven? Most Americans would agree that higher education is important.Compared to years ago, when a high school education was acceptable in most jobs, a college degree is now required in the majority of positions.But what if you can’t afford to get a degree?